Business Analyst/ SME in Life Insurance

Shashwath Solution; Pune District; On-site; INR 900,000 - 1,500,000; Full time

Job summary

Shashwath Solution in Pune is seeking a seasoned Business Analyst/SME with 5+ years of Life Insurance experience to lead pricing and rules-engine initiatives.

The role involves working with policy administration, underwriting, and claims systems, analyzing pricing models, and translating actuarial insights into concrete business requirements. Collaboration with IT is essential to drive digital transformation.

Qualifications

• 5+ years of experience as a Business Analyst/SME in Life Insurance.
• Hands-on experience with core life insurance platforms (policy administration, underwriting, or claims systems).
• Strong understanding of rating engines, pricing models, and underwriting rules.
• Experience with term life and whole life insurance products.
• Background in pricing system integration and rules engine configuration.
• Ability to analyze actuarial pricing models and translate them into business requirements.
• Proficiency in documentation tools such as Visio, Confluence, JIRA, and Excel.
• Strong analytical and problem-solving skills.
• Excellent communication skills for effective collaboration with business and IT teams.
• Ability to work independently and drive digital transformation initiatives.

Responsibilities

• Translate pricing and actuarial concepts into clear business requirements.
• Collaborate with business and IT teams to implement pricing rules and integrations.
• Drive digital transformation initiatives within life insurance pricing domains.

Skills

Business Analyst

Life Insurance

Policy Administration

Underwriting Systems

Claims Systems

Pricing Models

Rating Engines

Rules Engine

Pricing Integration

Actuarial Models

Visio

Confluence

JIRA

Excel

Digital Transformation

APIs

Regulatory Knowledge

Tools

Visio

Confluence

JIRA

Excel

Job description

Qualifications & Skills: Industry Experience:
5+ years of experience as a Business Analyst/SME in Life Insurance.
Hands-on experience with core life insurance platforms (policy administration, underwriting, or claims systems). Strong understanding of rating engines, pricing models, and underwriting rules.
Experience with term life and whole life insurance products.
Technical & Analytical Skills:
Background in pricing system integration and rules engine configuration.
Ability to analyze actuarial pricing models and translate them into business requirements.
Proficiency in documentation tools such as Visio, Confluence, JIRA, and Excel.
Business & Communication Skills: Strong analytical and problem-solving skills.
Excellent communication skills for effective collaboration with business and IT teams.
Ability to work independently and drive digital transformation initiatives.

Preferred Qualifications:
Experience with Neutrinos, Low-Code/No-Code platforms, or automation tools.
Knowledge of regulatory frameworks (e.g., NAIC, IFRS 17, or GAAP for Life Insurance).
Exposure to APIs, digital insurance ecosystems, and pricing model integration

Skills : - Business Analyst, SME, Life Insurance, policy administration, underwriting systems, claims systems, rating engines, pricing models, underwriting rules, term life insurance, whole life insurance, pricing system integration, rules engine configuration, actuarial pricing models, business requirements, Visio, Confluence, JIRA, Excel, analytical skills, problem-solving, communication skills, business collaboration, IT collaboration, digital transformation, Neutrinos, Low-Code, No-Code, automation tools, regulatory frameworks, NAIC, IFRS 17, GAAP, APIs, digital insurance ecosystems, pricing model integration.